The first fillm was a major hit. Made for $7 million, it brought in more than $167 million at the worldwide box office. It helped fuel the renaissance of Matthew McConaughey and the ascent of Channing Tatum.

Director Steven Soderbergh is handing the sequel off to his assistant director, Greg Jacobs. Tatum is co-writing the script.

The first “Magic Mike” opened in late June, so Warner Bros. is targeting a similar release date window. The sequel opens on the same weekend as “Terminator: Genesis,” Paramount and Skydance’s reboot of the classic film franchise.

“Genesis” opens on a Wednesday, while the next “Magic Mike” opens Friday.